The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]

The Asian Development Bank (ADB) has announced that it will invest $50 million in Indian renewable energy independent power producer Avaada Energy Private Limited. Avaada aims to use the capital to expand its solar energy generation capacity in India. The ADB and Avaada entered into an agreement which was signed by the chairman of the […]

Recognized as one the leading mining nations in the world Polish government has prepared ‘West Bengal Project’ that was discussed recently during Bengal Global Business Summit. Poland was partner country of the summit for a third time in a row. Poland looks for collaboration with both PSUs and the biggest private players. During a recent […]

India’s SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters. Shares of SpiceJet rose as much as 7.2 percent on Wednesday in their biggest percentage gain […]

Indian companies are welcome to participate in Indonesia’s infrastructure projects, particularly in the Aceh province, as the island nation makes development a priority, a senior minister has said. Addressing a gathering of chief executives of the Indian companies at the 2nd India-Indonesia Infrastructure Forum (IIIF) in Jakarta, country’s Coordinating Minister of Maritime Affairs Luhut Binsar […]

5,759 km of national highways built till Nov this fiscal: Mandaviya

The Road Transport and Highways Ministry has built 5,759 km of national highways till November this financial year, amounting to 58 per cent of the target set for the ongoing fiscal, the Parliament was informed Thursday.

The Ministry has set a target of construction of 10,000 km of National Highways in the current fiscal 2018-19.

“As against the target for the full year, the Ministry has achieved construction of national highways of 5,759 km i e 57.59 per cent as on November 30, 2018,” Minister of State for Road Transport and Highways Mansukh L Mandaviya said in a written reply in Lok Sabha.

The achievement so far, is by and large in consonance with the annual target, keeping in view that the period of three months from July to September is the rainy season, when the pace of construction considerably slows down, he said.

“The Ministry is hopeful of exceeding the annual target during the FY2018-19,” Mandaviya said.

The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]